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the federal government calculates inflation, which could stave federal government $300 billion over the next decade if implemented. the consumer price index measures how much they go up by tracking a basket of goods that americans typically buy. this is important because it's used to calculate cost of living adjustments and social security. checks pay a little more each year in line with inflation as calculated by that consumer price index. now, one potential flaw in the system, consumer price index assumes people don't change their basket, if, say, the price of meat goes up. in other words, they don't switch from meat to chicken because the price of beef has gone up. they don't switch from, say, arugula to, i don't know, iceberg lettuce. it doesn't account for how behavior changes. chain consumer price index creates a chain basket of goods to measure inflation more accurately. it's measuring how people react to price changes not simply the fact that heiss pryces have changed. chained cpi could result in a slower rate of inflation over time, saves the government money on those cost of lifg a
. recall that in past years a couple decades ago when we became disenchanted with the government and military of pakistan, we cut off militaryoff assistance to the pakistani military and that led to very negative consequences so while some of these choices are very difficult, i am inclined in that direction of greater rather than lesser engagement. i don't think there's any point in just wiping our hands of these situations. lou: you talk about declining powers, does the obama administration's intelligence council in a new report i just referred to talk about the day which the united states will no longer be a superpower but the so-called first among equals.t m they project around 2030. your thoughts and your reckoning on whether or not you agree with that, they will come if not declining of other powers. >> i certainly think since the financial crisis back in 2007, 2008, there has been a tendency to write this down, if you will, but i think many of those assessmentsit have been unduly pessimistic and even downright wrong at times. we are still the most powerful economy in the wo
. the government spends more than 11 billion every day . you will be shock to see what they spend most of that on. it is a new series called the cost of spending next this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white ristmas [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. cele
wrong, did not mislead, did not misrepresent, i did the best with information united states government had at thete time. >lou: here's what ambassador rie did say five days after onl benghazi. >> the best information we have today is this was not a pre-planned, premeditated attack.th what happened initially was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. lou: she said nobody is blameless. joining us now, fox news middlen east analyst. it is great to have you with us. your reaction first to her claim she did not misrepresent, did not lie about what happened in benghazi. >> she may be mistaking the version of national security given to her is well defined in the sense she said what she had to say, she did not commit a lie with the american public knowing it did, but on the other handinw there was an assessment made in washington prior to that the next few hours clearly this was a terrorist attack by armed people. in between those two there's a political decision not to tell the truth as to what happened for political reasons. that is somethi
the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> as folks dig out, the flight delays delays rack up. nearly 1300 flights canceled so far. mike tobin is at chicago's o'hare with the latest. >> when you talk about the flight cancellations, the hubs of o'hare, atlanta, did not get hit so the megaripple didn't happen. the places that you see the cancel legislations are the destination. ohio, michigan, indiana, stretching all the way to the eastern seaboard. if that city is socked in, there's where the flights are canceled. it's a serious storm. you might have mentioned six people were killed, mostly people who elected to get out on the roadways. these are states like iowa, indiana, central illinois, where more than a foot of snow came on down. all of those people who made it to destinations for christmas are trying to get home. between them and home is snow, ice, and gusts up to
to actually solve the problem. so we can do this, it's the government that's the problem, not the economy and not even-- stuart: they're suppose today work for us. look, here is what i think is going to happen. i think that we will get some kind of last minute deal, which raises taxes on people who are successful, making serious money. forget about any spending cuts, i don't think that's going to happen and they make promises, but they're not actually going to do it and they'll simply ignore the debt. i think that's what's going to happen. do you agree? >> i'll take that bet. i don't think that's going to happen. i don't think that republicans will agree to any tax increases without spending cuts. i think they've been clear about that. stuart: we go over the cliff. >> they're not going to cave. i think they're going to extend the deed line and see credit downgrade. and i think we're going to fight about this through 2013 unfortunately. stuart: and as if falling off the fiscal cliff isn't enough to push us off another recession, it could of course. tomorrow at midnight a longshoremen's str
a message from the tea party members everywhere. destroying government is not good politics. you are acting against the majority rule right now. you are trying to bring down the majority government by obstruction. people will remember. people who believe in government will remember it. people who believe in national defense and social security and medicare. they will know which party is trying to destroy working democracy in order to pursue its political ends. they will know who respects the voter and who thumbs his nose at the voter. we go over this cliff and you will not have to ask for whom the bell tolls, it will be tolling for you. leading off tonight, josh green and chris frates of "national journal." you don't have to be as clear as i but try, gentlemen, tonight. it looks to me like one party, once again it's asymmetric. both parties are not screwing around, one is. is that true? >> i think both parties want to go over the cliff. >> both want to go over the cliff? who will get blamed? >> i think republicans will get blamed, but i think republicans at this point fear casting a career-
of those outside the box ideas that the federal government should take seriously here? >> first of all, i don't know -- i would like to know, first of all how many schools there are in america. high schools, middle schools, preschools, private christian academies? the point is this is unfeasible. i'm not sure it's the right way to go to put an armed guard in every single school in america. who will pick up the taxpayer dla are on that? the counties, it is states? the locals the feds? who will do this? it's impractical. to the some mention i don't like guns in our schools. it's a nice political sound bite and they can use an old statement from bill clinton to say this, but i'm not sure it's a practical idea, frankly. >> first of all, when it comes to education, decisions really do need to be handled on a local level. that's how education decisions should be made. but at the same time i do support the idea of consideration putting an armed patrol officer. my sister in atlanta works at a receiving desk, and she's not prepared or trained for dealing with someone coming into the school. i woul
are again here like we were for the debt ceiling, like we were for the government shutdown. it is ridiculous that we are here because we want to be having a big discussion. we have all the facts in front of us. we know that there are people like you kwhof a position on taxes. we know there are others who have positions on other things. and our democracy is supposed to allow us to somehow come to together, to convene, to deliberate and to evolve some sort of a compromise. what response -- what responsibility do you think conservative republicans who have signed this pledge to grover norquist bear for us getting to where we are today? >> well, actually, let me defend grover for a second. >> sure. >> he actually has signed on to some kind of a deal. we're in a situation that if nothing happens taxes go up on everyone. so -- and then a guy like me doesn't want to see that happen obviously. look, i want to make one other point. even if we go over the so-called cliff, and i think cliff is a bad metaphor here, really kind of a slope. it's not like the world's going to come to an end january 1st or
there for the government. you think about that aspect of it. but we have to hear from secretary clinton, as secretary of state, come a testify in person and on the record. there are a lot of questions and today's hearing added two more questions. lou: do you think they will be answered here? secretary clinton has said she will testify before mid-january, which would be before the inauguration, and presumably in an effort to satisfy the senate. your thoughts. >> i think it is critical she does that for her own credibility and i think she wants to testify but there are many tough questions that need to be answered for what the secretary of state was was doing as well as the president of the united states was doing. did the president know about these requests? the narrative was al qaeda is on the run. we see al qaeda linked terrorists were actually training in eastern libya not far from an ghazi, that seemed to be a hotbed training area for those folks and makes you wonder if the state department believ the president's own press releases rather than what they should have seen on the ground, they shod ha
making between 40 and $55,000 a year will have to pay an extra 2 grand to the government. >> jamie: an american marine veteran was jailed for months in mexico and may be back on u.s. soil today, just in time for christmas. jon hammar spent four years fighting in iraq and afghanistan to be locked up for trying to bring an antique shotgun into mexico, where he was taking a couple of days off and he said he declared it at the border and he was told it was a-o.k. to go in. dominic, i'm struck by that photograph when i see it, after learning for four months he was chained to the bed. >> reporter: it is astonishing, totally inhumane conditions, what is good news, he is driven home, across the country, taken to florida by his dad and they are expected to arrive christmas eve in time for the holidays. good news for the family and 48 hours ago, things looked very different, like jon would be spending many more months in his cell as the mexican authorities were taking a strict stand against his case, and, he spent the night in texas and they released him, just across the border, where he was
, there are 47% of people who are with him. who believe that they are victims. who believe that the government has the responsibility to care for them. who believe they are entitled to health care, to food, to housing, to you name it. and so my job is not to worry about these people. i'll never convince them that they should take personal responsibility. >> a very valuable comment. >> i am going to go with bill clinton. >> one speech? >> it was 20 years in the making, the story of the speech, for the first 15 years, republicans treated bill clinton that he was the worst thing that ever happened to american politics. the villain in chief, and after he left the white house, there was the moment in 2008, when republicans decided wait a minute, no, bill clinton is this by-gone symbol of an era, in moderation, they sang his praises for four years, set him up as the good democrat, against obama's bad democrat, and what happens, the good democrat vouches for the bad democrat and disarmed what a lot of republicans were saying about barack obama. >> you have made a reasonable argument. >> i think the e
a five-year extension of the foreign intelligence surveillance act allowinging the government to eavesdrop on overseas phone calls and e-mails from potential terrorists. they say it's protected us from more attacks like 9/11. others argue the bill could be abused. the bill is being sent to president obama and he is expected to sign it. >>> and the state's same-sex marriage law went into effect at midnight. the first in line to tie the knot, and they say they've been waiting years for this moment. >> it's very surreal still. we didn't -- we didn't expect all the cameras and everything tonight. >> we finally feel equal, and happy to live in maine. >> it's official now. >> after nine years, it's -- it's all good. >> yep. >> maine, washington state approved same-sex marriage, it's already legal in d.c. and six other states. >>> let's turn to the weather. face it, it's affecting a huge chunk of the nation right now. >> there's a lot of snow out there. in fact, snow currently covers more than half of the lower 48 states and unfortunately for some people, the storm's not over yet. le
. you know just despite the court is saying the government has not backed down and was within the last few hours and saying the law will be tree ree drafted to con forp with the court's ruling. nevertheless, there is spill widespread support for this tax. they are planning to speak in belgium and wealthy entrepreneurs have moved to countries in the region that have lower taxes. today's decision could delay those departures for the time being. >> gregg: katherine, live in paris, thanks very much. >> the president may want to check out the laffer curve before he rewrites that law. when people flee or stop working that is the laffer curve. >> arthel: your french reporter was there, how about this, you got plans for new year's eve. >> gregg: that is impressive. >> it starts at 11:00 p.m. eastern and megyn kelly and bill hemmer will bring you the event live in times square and new york city. you can be a part of the broadcast by texting your happy new year's messages to the show. here how you do it. you type the the u text, got it. type a space and ascend brief message. utext space and your
this as a struggle for a better and safer society for women. >> reporter: the indian government is promising to respond, saying the young woman's death will not have been in vain. nbc news, london. >>> startling images out of russia tonight where a plane broke into pieces after sliding off a runway. the jet, belonging to the russian airline red wings, veered on to a snowy field and a highway after landing it broke apart, caught fire, killing at least four crew members and injuring four others. the plane had flown back from the czech republic and was not carrying any passengers. >>> back in this country, in arizona controversial sheriff joe arpaio is making headlines again tonight with a proposal to station armed posses outside public schools. arpaio says he wants to place the volunteers at 50 schools in the phoenix area within a week, although arizona law currently prohibits carrying guns on public school grounds. the idea follows of course the school shootings in newtown, connecticut and the nra's call to station armed officers at public schools. >>> and the first step toward a potential la
the administration, destroy the energy of government, and substitute the pleasure, caprice or artifices of an insignificant, turbulent, or corrupt junta to the regular deliberations and decisions of a respectable majority." but in recent years, the senate has been remade into a super majority constitution. you need 60 votes to get almost anything done. between 2009 and 2010, we had more filibusters than we had in the '50s, '60s, and '70s combined. and they're not filibusters like we think of them, where the senators go to the floor and debate an issue until they keel over from exhaustion. they're just obstruction. if you watch a filibuster today, it doesn't look like anything. it's the blue screen on c-span, the one with the classical music playing over it. you don't tune in to here an intense minority demand a great debate on the issue of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change what i think is a central part in the senate, the
.s. government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being processed at the t
. syria's government, however, today posted a statement on their syrian news agency website in which they blamed this on the actions of terrorists. that's the terminology they use for rebel fighters, opposition fighters in syria. they say that that town was targeted by terrorists and that because of that residents in that town called for the military, for the syrian military to intervene to help them to bring safety and restore security in that area. again, the residents we speak with clearly blaming the regime, and it's one day later and we hear of an attack on another bakery in the homs area. this is in the last few hours. you mentioned it a few minutes ago. we heard at least 15 killed, several children. very gruesome video. you see the corpse of a woman being pulled from the rubble there. the rage of the residents there about this happening is element indescribable. suzanne. >> is there any way of finding out? you have two very different stories. any way of finding out whether it's an international -- through an international body or people on the ground, who was responsible for b
to the american people. there are three branches of government, you know, we didn't elect president obama to be the dictator. we have another branch which, where the democrats lost and people who voted for republicans were very concerned about the size of government, paul. i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most republicans and people who voted for them is that they see how the cost curve is just bending up at a rate that is just unsustainable. i mean, the country cannot survive the kinds of increases in entitlement payoffs that will occur if there's not reform. >> paul: there's at least in my reporting, the president has offered only one substantive entitlement reform and that's a change how we calculate inflation for benefits and tax brackets and that was agreed to last year. it's really minor in the scheme of things, nothing else sustainable. >> i think that the president is overplaying his hand, paul. he's going to need republican vote next year to raise the debt ceiling and needs the republicans votes for second term items,
the key problem. nasa's government spending that could impact future americans . >> what the president offered so far will not resolve the spending problems . it will hurt our economy. a failing to reach a deal by december 31st would trigger tax hikes and spending hikes . and they say they are willing to continue to work toward a deal . the question is can they get it done in a time. here's steve in washington. will president obama focus on the fiscal cliff? do we know? >> probably not: there will not be done to much -- and president arrived in honolulu. within to his rented vacation home. he left washington last night after scaling back . it is still possible . he's focusing now on a middle class tax hike and extended unemployment benefits. and this congress laws can only pass for democrats and republicans and that means no one gets 100 percent of what they want. everybody has to give a little bit in a sensible way. we move forward together or we don't move forward at all . >> they are planing to stay in honoluluand planning to return right after christmas. harris. >> what is next for
rather than households. so it looked as though the governed had been lobbying how it put the bills together, rushed it through parliament and put it before the constitutional court. is so it made everything look too fast and shabby. kelly. >> kelly: katherine, based on that, does that mean -- will that mean that he can actually resubmit a new law and if so, does this -- today's decision only equal a decision that is a temporary setback? >> indeed. it is a temporary setback. within the last few hours, the government officials have been saying that the law will be redrafted to conform with the court ruling. it will be resubmit to do lawmakers and the chances are that it will be passed again. there has been a lot of uproar at this tax in france, a lot of wealthy entrepreneurs moved abroad to other countries in the region. today's court decision could see them delaying departures for the time being. they may well still have their suitcases ready in the corner. >> kelly: to your point, i wanted to ask but that because for the wealthy people living in france, those making more than $1.2
at neighborhood grocery store? delicious. some of it just got the government stamp of approval. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd spiriva helps me breathe better. (blowing sou) ask your doctor about spiriva. share "not even close." share "you owe me..."
each year. today a new sign the russian government could soon ban all of those adoptions entirely. russia's president vladimir putin weighing in on the matter today. what his decision could mean for the children waiting to join families right here in the united states. >>> and the latest on the condition of former president george h.w. bush after his spokesperson confirmed "a series of setbacks" have put the president in the intensive care unit. we are live outside the hospital. stay close. >>> family and friends now visiting the former president george h.w. bush who is hospitalized in houston, texas. doctors moved president bush to the intensive care unit after a series of setbacks including a fever and cough that were not going away. the president is the oldest live willing former leader of our nation at age 88. but today in his e-mail to his staff he suggested the president is not on his death bed. he said "president bush would ask me to tell you to please put the harps back in the closet." randy wallace from our fox station kriv fox 26 live outside the hospital there in housto
and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the question about the mini deal would be, what we're talking about, just to make clear for our viewers, would be a temporary extension of tax cuts for incomes under $250,000, a couple of months, for example, a temporary turn-off of the sequester, the automatic cuts equally in defense and nond
your bank that goes to the federal government. but you can go online and with free holiday shipping purchase a high capacity magazine. even the law enforcement in the communities have no way of know ing a large number of weapons, perhaps a bullet proof vest. that might send off a few alarms. making it harder to sexercise te right to vote. we should think that people are more responsible owning a gun than casting a ballot. that is part of what is being revealed. >> i want to go to one other finding in this study about this. it is about the notion of people need guns for protection. >> there is no evidence that a gun in the home reduces the likelihood of severe iity durin break in. it is actually going to be usable in a way that will protect you. >> to the contrary. those same studies have shown, they are are more likely to go through if there is a gun in the house. what is more likely to happen is you are going to get shot. what happened is, they didn't kill the shooter. the shooter killed themselves. they were in able to get to it. >> they looked at the mass events. if somebody had
. >> good morning, dave. >> dave: they will be fined if the government chooses $1.3 million a day for not going along with obama care. why? >> that's how the law is written. and this mandate is written so that if they don't provide abort fascia's that's what they're opposed to the in hha mandate. some opposed to abortions. hobby lobby don't want to pay for abortion pills cord under the hh mandate. they will be penalized again for what costs roughly a couple of dollars per person maybe a month in their nrch plan. $100 for each of the 13,000 employees they have. just not it not giving their employees access to for free at no cost and no co-pay abort faces. that's what's at issue here. this is a religious freedom issue. and a question of like the supreme court handled the citizens united do corporations also have if they have got free speech rights in the first amendment. why wouldn't they have the free exercise of religion rights that are also in fact, they start the first amendment as the religious -- i think it's a very important point to make that though hobby lobby has had a tou
of combination of gun control and mental health initiatives on behalf of the government. a lot of the silence up until now has been blamed on the nra's political power. it's estimated in your own race in 2010, the nra and affiliates spent $1.5 million to outst you. how powerful are they really? i heard ed rendell say they are a paper tiger. are they really that powerful? does the sandy hook shooting do anything to change that? >> no, they are not that powerful. look, we came within two percentage points of that race and it had nothing too do with the nra. the nra opposed me in every single race and i won every single one until the very last. my take on this is that americans very much want their liberties to be respected. but we are americans that come together in a community and if we want more senators, senator casey recently changed his position and that's the tragedy about connecticut it took that tragedy to have senators to do what's actually right. the nra is not a complete paper tiger, just a special interest group, and i believe that americans want to do what's right for the community. t
. >>> in syria the military police chief has defected from president assad's government. this video shows a man identified as the official. i want you to take a listen. >> translator: i announce my defection from the regime and joining the peoples revolution because the syrian military has strayed from the core mission in protecting the homeland to become nothing but an armed gangs that kill and destroy cities and villages carrying out massacres that came out demanding freedom and dignity. >> pretty strong words. this would be one of the highest level defections in the 21 months they've been fighting. the prime minister and general were close to al assad and they also left the regime in recent months. first of all, tell us, this guy, i mean he essentially says they're thugs going after their own people. this seems pretty significant. >> reporter: well, that's right. he's identified on this tape as the general. aside from the video, we spoke with officials from the free syrian army today. they confirmed to us and helped this man escape syria and he's now in turkey. they say it's significant beca
will reign in spending and reform government, not raise taxes. it not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, other, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney done in by his own party? when we come back, the republican presidential candidates who may have inflicted mortal damage on him rather than president obama. >> i'm just going to go back to the empty chair, when i was going to be todd akin, who was going to talk to me about what hide said about rape and women. since it's just the chair, my obvious question would have about why are you such an offensive idiot to women? and the second obvious question, which again has to go to the chair unfortunately, would be why haven't you resigned yet? anyway, let's leave it there, shall we? share everything. share brotherly love. share one up's. mom ? mom ? the share everything plan. lets your family share a pool of data across 10 devices with unlimited talk and
. that town harbors a lot of anti government sentiment. liberated by rebels just a week ago. and because of that, they were targeted by the regime yesterday. they issues a statement and blame what happened to terrorists, and that's the term they use when talking about rebel fighters. the townspeople called for help. called for intervention from the syrian regime. and they sent in military and started killing and arrested terrorists there. diplomacy is still going on to forge some sort of path for syria. the joint u.n. arab league envoy to syria arrived in damascus last night and he left the country since then and spoke to reporters briefly this morning and told them about his discussions with assad. here is more of what mr. brahimi had to say. dana, mr. brahimi has since left syria he says the situation is dire and he hopes they can come to some agreement to alleviate the misery for the syrian people. >> you are on the phone, and lucky enough to get you face to face. thank you for that and for that report. as gruesome and grim as it was. >>> ahead on "starting point" criticism from the r
are calculated. here's how it works. right now the amount of money a retireee gets from the government gets is changed due to the index. when inflakes goes up, social security recipients see their payments go up the same amount to keep up with the cost of living. obama proposes switching to "chained cpi. "the name is opaque but the name is simple. the chained cpi rises more slow lie than regular cpi. if you yoois chain cpi to calculate social security benefits the amounts of the social security checks will rise more slowly, as well, against inflation. for about two days, this major concession opposed by many progressive lawmakers seemed close to becoming law until jeanne boehner walked away from the deal and tried to yankee laterally pass his own bill which he called, somewhat weirdly, plan b, to raise taxes on over 100 million and suspend all leeming cuts. that plan blew up in boehner's face, however, when he couldn't get enough votes from his own caucus to pass it. here's boehner, the day after pulling the bill from the floor. >> because of the political divide in the country, because of
federal tax rates rising. government spending shrinking. and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in congress, briana? >> reporter: there is an open line of communication, i would say, with senate democrats, hala. but there is really no substantive conversations between the folks that you with need for there to be conversations between in order to strike a deal. the white house and congressional republicans, and perhaps more alarmingly, senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it th
geithner says the government may hit its $16.4 trillion borrowing limit on monday. the president will hear about the fiscal cliff problem as well as members of congress return to washington to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but kicking the can down the road, this has been happening over and over again. somebody has to make some decisions here. >> it's like in this business, they give you a deadline and you have to hit the deadline. there's no coming in and saying take another ten minutes. it don't work that way in real life. there are americans out there saying, get off your couches, get back to washington, and get the deal done. >> sometime
government coercion. this has been a practice at west point since george washington. >> i'm absolutely in favor of cadets not having to go under government coercion to pray. you don't have to pray. in fact, 1972, there was a court ruling saying that cadets were not-- should not be required to attend religious services, that's a very good court decision. a very different thing to say however, that no one is allowed to pray publicly at an event there at west point. i use today lead a bible study at west point. i know how religious so many of those cadets are and for them not to be able to express that or leadership able to express that, thanksgiving or christmas before meals. what we're doing is we're taking out all religious expression from the public square, that's the goal of these activist atheist groups, what they're trying to get at. you know, kelly and alisyn, i was happily shocked and blessed after the newtown, connecticut tragedy president obama was there present and we had all the different religious leaders in a public school expressing their faith in a time of tragedy, are we
. it gives the government more money and will put off the actual kind of "d" day for the u.s. defaulting on its debt, only by a week or so. but, again, the real thing that should be scaring everybody is the thing that's coming in a couple of months. >> you know, we heard the president talking today about how mind boggling this is. you know, that normal people don't resolve their differences this way. i don't know how you can shuffle around money. that really is mind boggling. thank you. up next, the nra's response to gun violence? what else, more guns. the new battle over gun violence with chris matthews. you're watching "hardball" the place for politics. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i ca
to congress helped convince the government and public although there was always risks nasa could learn from their mistas and they should go ahead. >> the launch pad disaster may have allowed nasa to get to the moon fster than scheduled. >> we had an opportunity to work from the mistake. with you to accelerate the program. they had a goal to land on the moon by the end of the decade of the 60s. >> apollo 2 or 3, apollo 4, 5 and 6 were undamaged to test the sa safety of the probabling et. took two years before any went into orbit. apollo 7, 1968. >>> the space program was back but the slow re-entry wasn't going to be enough to meet the deadline and beat the soviets. it would require a daring and dramatic change of plan. >> nasa rolls t dice betting so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for
'm worried that the government's going to put so much regulations on being able to do this, you know, come future months that it's not going to be an option for me. >> industry analysts see this as a possible peak to the sales growth that began with the election of president obama four years ago. u.s. gun sales totaled $2.5 billion in 2008, this year that figure could top $3.5 billion. david mattingly, cnn, roswell, georgia. >>> we'll explain what a group of newtown residents are doing to prevent more massacres there. >>> here's a look at what's coming up. >> from cnn world headquarters in atlanta, this is cnn saturday morning. linsanty, the london olympics and lance armstrong's shame, the top ten most memorable moments in sports. >>> more guns, that's the nra's solution for preventing another school massacre. all morning long, we put gun control in focus. >>> an olympian with a double life. why hamilton apologized for her second career in las vegas. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like
. rebel forces surrounded the town for week, before making the final push today. the government forces steadily have been losing criminal of territory in the north. over the past few months. the constitution drafted by islamists in egypt passed a referendum with 64% of the vote. voter turn-out was low. the opposition campaigned against the constitution, charging it will usher in islamic rule and restrict freedoms. there are forecasts of snow, thunderstorms and tornadoes leaving many with a wet and not necessarily white christmas. along the gulf coast, they raced for possibility of tornadoes and possible thunderstorms. tornado watch was in effect over louisiana until this afternoon. >>> after being battered by superstorm sandy, they are struggling to rebuild the holiday season. >> this christmas, 9-year-old kylie wants her home back. her family's house was severely danieled by hurricane sandy's floodwaters. kylie, her parents, marie and dennis and the 14-year-old sister were forced to relocate several times. they lost nearly everything. spent a month living in a hotel. >> provider for t
, not by taxing and not going about it the way the government is talking about it. the far and away, the number one place it avoid are long-term interest rates sensitive bonds in the united states. if there was ever an investment more obvious to avoid, i don't know what it is. stay way from government bonds that mature more than five years out and your 401(k) plans, get out of all of your bond funds, equities will rise in 2013. even though the economy is in a terrible position, stocks will rise, bonds will fall in value. stay away from bonds. >> all right, we will watch that. bob, jump in and tell us about the action on the street. down 51 point at close. was that the low, bob? >> no, not quite. we were just a little bit lower than -- take a look the a dow and i will show you. by the way, bonds collapse was the big call of 2012, and spectacularly wrong for a lot of people. but that's still on for a lot of people. there you see, just off of the lows there. maybe about 60-something is the bottom on the dow jones investment average. trading shortened by the holiday. material stocks led the way and
. this morning the pope pardoned his former butler, in prison for leaking private vatican governments. he was sentenced to 18 months in prison for aggravated theft in october. the high-profile scandal became known as vatileaks. the pope personally visited gabriele before confirming his pardon. >>> reunited with his family, john hammer was released yesterday partly thanks to work from u.s. senator bill nelson. hammer was imprisoned on a questionable charge after police found him with an antique shotgun. his parents say u.s. officials told him it was okay to cross the border with that gun. you see it there. mexican officials accused him of violating their laws. >> spokeswoman for margaret thatcher says the former british prime minister is doing fine after surgery. 87-year-old thatcher is recuperating after having a growth removed from her bladder. she has cut back dramatically on public appearances after suffering a series of mild strokes. >>> now to russia, where the country is moving to ban u.s. citizens from adopting russian children and already passed one house of parliament. michael mc
are democrat. jerry brown and the democrats can do whatever they want. we have basically one party government and i'm curious what that means. >> how does he use it. >> a liberal panacea for the first time. >> and you went with a conserve tf potential rising star in south carolina who is struggling. >> nikki haley is struggling in her state. at the same time, she's a big national figure. the republicans are looking for diverse faces, and she's one of the leading ones. i'm curious to see what she does. >> stephanie, your picks were -- one was predictable, one was a little unpredictable. >> i picked elizabeth warren who is my home state's new senator. she has senator kennedy's seat so it's important to me. i think she's probably the most high-profile freshman senator. >> without a doubt, probably since hillary clinton? >> i think you're right. and she's coming in the same way, keeping her head down, looking for people to work with, reach across the aisle, moderating. i don't know, i don't want to guess, but i know there are some great things she can accomplish there. potentially, it's rumored s
are charged with the responsibility of governing this nation can't come to some sort of agreement to put this sdasries event off. >>> what if both sides actually are -- what do both sides stand to gain by going over the cliff in that's what our next guest points out, where he says that many of them have calculated it is better to go over the cliff, at least temporarily, than swallow a raw deal. with me is jonathan allen. it's good to have you here. break it down for us. what's in it for both sides? >> i think what is at work here is going over the fiscal cliff is a better option than the worst-scale snare i don't. it matt not be the optimal snare i don't, but for republicans, they would have an tune to vote for tack cuts. they also may figure they'll have an opportunity to negotiate for other items. they don't want to cave for president obama. on the democratic side, they're winning the public relations war on this. republicans, if you look at the polls are in the 20s right now, president obama is sitting in the mid 50s on the fiscal cliff. they don't want to give up things. they don't w
. and i've been through a lot of stuff. i've been through a lot of stuff with the federal government back in the '80s, the whole steroid controversy, divorce, i've been through so much stuff, but never have i ever been this embarrassed and never has my world been turned upside down in such a fashion. and without knowledge that someone would set a camera up. admitted, hey, i did that. >> coming up, the biggest names in music, whitney houston and dick clark. >> this is the beaver that bit your hand. >> this isn't is same beaver, but this is the one that did it. exactly like this. >> did you ever touch a beaver? >> no. four. fortunately we've got ink. four. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters coul
significant increases in their ratings. >> look at young brands, up 1.5%. the chinese government has cleared chicken samples from various kfc restaurants. some concerns last week because some of the chicken that they procured from various farms were found to have high levels of antibiotics. 32 samples passed for antibiotics and steroids. some major issues for yum brands, 44% of its revenues come from china. getting the clearance at this point, very good news, and we're seeing the stock respond accordingly. bob pisani is here on the floor with more. >> good morning. merry christmas, everybody. over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in r
've been through a lot of stuff with the federal government back in the '80s, the whole steroid controversy, divorce, i've been through so much stuff, but never have i ever been this embarrassed and never has my world been turned upside down in such a fashion. and without knowledge that someone would set a camera up. admitted, hey, i did that. >> coming up, the biggest names in music, whitney houston and dick clark. >> this is the beaver that bit your hand. >> this isn't is same beaver, but this is the one that did it. exactly like this. >> did you ever touch a beaver? >> no. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wil
them extraordinary financial gifts from the government, and then work very aggressively to turn them out to vote, and that strategy worked. >> that explanation got mitt romney attacked and condemned by the likes of bobby jindahl and other republicans. they're now trying a new approach. tag romney said this about his father. he wanted to be president less than anyone i knew in my entire life. he had no desire to run, says tag, who worked with his mother and to persuade his father to seek the presidency. if he could have found someone else to take his place, he would have been ecstatic to step aside. too bad he never told newt gingrich that. joining me now, msnbc's joy reed. i'm on the verge of feeling sorry for them, trying to come up with these crazy reasons about why he lost. and now they want to pretend that this guy who lived his whole life in order to run for president didn't really want to run for president. >> yeah, i know, lawrence. there is nothing more failing than failing to win something and say, i didn't want to win, anyway. who wants that. the problem with that, of cours
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